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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Herriman at 14642 S McKellen Dr UNIT C303, Herriman, UT, 84096 offers a 8.39% rental yield on a $345,000 purchase with $2,411/mo rent. Total monthly income registers $2,411/mo, and a $1,689/mo payment leaves $169/mo available for distribution. Annual cash flow reaches $2,022/yr on $114,368 to close, and return on cash invested stands at 21.68% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 112.75% and total cumulative return in cash at $128,944. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,411/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2018
N/A lot
$N/A/sqft
$220 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Listed for sale | $345,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Grant Evans • Coldwell Banker Realty (Provo-Orem-Sundance)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2094908
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-06-30 11:56:33 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#319)
